Summary financial results 2021

Summary financial results for the Australian Greens

Income and expenditure statement
for the year ended 30 June 2021

  2021 2020
  $ $
INCOME    
Contributions from States 1,549,061 909,660
Donations – Cash 2,002,977 1,160,546
Donations – In-kind 40,000 7,500
Bequests 48,923 52,000
Federal MP Tithing 112,782 114,033
Grants 300,241 247,594
Meeting registrations 73 32,288
Interest income 7,210 12,340
Movement in Investment 78,850 (162)
Other Income 133,359 70,746
TOTAL INCOME 4,273,476 2,606,545
EXPENSES    
Accommodation and Utilities 4,757 6,240
Administration 61,284 48,794
Advertising and Campaign Materials 52,055 12,183
Consultants fees 89,325 90,539
Contributions to Global Greens activities 101,942 115,528
Donation and other allocations to States/Territories 1,462,961 658,216
Fundraising expenses 13,998 34,251
Research 134,477 25,736
Meetings & Events 1,682 35,329
Other Operating Costs 20,307 26,287
Human Resource Costs 1,459,588 1,190,845
Travel and Accommodation 9,676 48,590
Website and systems hosting maintenance and development 212,635 175,279
TOTAL EXPENSES 3,624,687 2,467,817
NET SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES 648,789 138,728
Less Income Tax Expense - -
NET SURPLUS/(DEFICIT) AFTER INCOME TAX 648,789 138,728

 

Statement of financial position as at 30 June 2021

  2021 2020
  $ $
ASSETS    
Current assets    
Cash and cash equivalents 1,928,228 1,061,484
Accounts receivable and other debtors 222,910 63,264
Other current assets 13,150 15,586
TOTAL CURRENT ASSETS 2,164,288 1,140,334
Investments 317,982 239,132
Property, plant and equipment 4,506 3,446
TOTAL ASSETS 2,486,776 1,382,912
LIABILITIES    
Accounts payable and other payables 783,469 400,450
Employee Provisions 245,140 173,084
TOTAL LIABILITIES 1,028,609 573,534
NET ASSETS 1,458,167 809,378
EQUITY    
Retained earnings 219,573 118,548
Reserves 1,238,594 690,830
TOTAL EQUITY 1,458,167 809,378

 

‹ Greens 2021 Annual Reports